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Topic: [XMR] Monero Speculation - page 825. (Read 3314350 times)

full member
Activity: 186
Merit: 100
March 12, 2017, 06:02:42 AM
The "Dash is a scam" argument doesn't work. Open your eyes. Look at the price.
Fiat money is a scam too. No one cares.

I've tried to explain this all the time.
The fact that a coin has a premine doesn't make it scam in the first place. It is just the seed fund/starting capital of the project and means to pay to the developers.
That being said, I advice to be extremely critical to the coins with premine - the premine is incentivizing scammish activities (dump the premine to the noobs and run to the next scam). To claim Dark coin a scam is using the same logic that a start up is a scam because it has initial funding from the investors.
When it comes to pyramid schemes, any coin is a pyramid scheme: the new buyers bail the current holders/miners out. So in that sense Dark coin is not a scam either more than any other investment. Quite the opposite, the pyramid is the form of investment that can make one rich.
2 Millions in the first 30 hours are still a bit too much, comparing to total 7 millions coins three and a half years later. Where did this money go? And btw you can't compare investment with a well known fiat currency which has a stable value to a just newly created one of thousands coins, started as a joke(from the devs). If they thought that darkcoin, dash, xcoin ... whatever will succeed why they didn't instamine like only 1000? Why 2 Millions. Thats what scam coins make.
legendary
Activity: 1092
Merit: 1000
March 12, 2017, 05:48:48 AM
The "Dash is a scam" argument doesn't work. Open your eyes. Look at the price.
Fiat money is a scam too. No one cares.

I've tried to explain this all the time.
The fact that a coin has a premine doesn't make it scam in the first place. It is just the seed fund/starting capital of the project and means to pay to the developers.
That being said, I advice to be extremely critical to the coins with premine - the premine is incentivizing scammish activities (dump the premine to the noobs and run to the next scam). To claim Dark coin a scam is using the same logic that a start up is a scam because it has initial funding from the investors.
When it comes to pyramid schemes, any coin is a pyramid scheme: the new buyers bail the current holders/miners out. So in that sense Dark coin is not a scam either more than any other investment. Quite the opposite, the pyramid is the form of investment that can make one rich.
full member
Activity: 186
Merit: 100
March 12, 2017, 05:33:07 AM
So ladies and gentlemen, we are heading to the final lap in this BIG millenial cryprobattle. And the prime contestants are:

Télécharger des photos


The "Dash is a scam" argument doesn't work. Open your eyes. Look at the price.
Fiat money is a scam too. No one cares.
open your eyes...?  I'm not giving my money to scam,  I don't know what you meant to say.
sr. member
Activity: 358
Merit: 250
March 12, 2017, 05:32:34 AM
The "Dash is a scam" argument doesn't work. Open your eyes. Look at the price.
Fiat money is a scam too. No one cares.
legendary
Activity: 1008
Merit: 1000
Dumb broad
March 12, 2017, 05:22:41 AM
BTW, why they pump Dark coin?   Undecided

Stop asking that question here... move over the the Darkcoin Threads

snip

Nice one, nano.  Succinct as always.  You been ok?  Not seen you post lately.

Hi Mr K,
Been on a bit of a crypto sabbatical with a touch of lurking (been enjoying your analyses however).

I can't believe how many folks are still engaging with TC - the ignore button is your friend people.

Anyway, great to be north of 16USD again and hopefully ready to retest the ATH. Smiley
Enjoy your Sunday !!

Hi Nano!

Those of us who are up are indeed enjoying this Sunday morning.

Yeah - I lost it with TC, should have left it with something more succinct Wink  It was just frustration.

As for ATH - we need to bust a few shorts who don't want us above 0.014 - ish and I hope the rise will continue.  Perfect timing for us if D*** does (finally) fall back.

I will settle for a $15 - $16 level while we refuel.  It's way better than we've been at lately.  I also think BTC may not hold up now, I was thinking the post-ETF dip was so shallow, it was 2013 Silk Road all over again.  I know reckon it could slide down and alts may benefit.

BTC is struggling to hold 80% of all crypto market, interestingly....  And BTC Wall Observer is full of people talking of 'stability'.  Makes me feel the opposite...

I think you are excused a little head of steam now and again esp. when dealing with fuckwits.

I'll be honest, I have no idea wtf Dash is doing -- I posted a tweet by Charlie Lee a few weeks back in which he basically said "shit tech, no real privacy and lots of hot air marketing - not for me" and I think that sums up my attitude too.  One can only apportion so much energy to this crypto-shit, its pointless obsessing over a coin that you are not invested in either intellectually or financially.  Just block it out.

But I agree with you re BTC - the cultists have had their thumb in their arses about this EFT for so long I don't think they know what to think now.  I skimmed the SEC document and i can't say there's much I would disagree with.  It may have first mover advantage but it (BTC) has taken so many wrong turns over the years (and lost sight of any guiding principals, if any really existed) that its difficult to see where it is headed. 

An interesting figure you quote there of 80% - one thing the EFT might have done is get some new money into crypto.  That would have been good for everyone.  But I'd agree with you, BTC is probably going to go down before it goes up again, perhaps a slow bleed and a further influx of 'crypto is dead' trolls. #ennui Wink
legendary
Activity: 1284
Merit: 1042
March 12, 2017, 05:13:22 AM
BTW, why they pump Dark coin?   Undecided

Stop asking that question here... move over the the Darkcoin Threads

snip

Nice one, nano.  Succinct as always.  You been ok?  Not seen you post lately.

Hi Mr K,
Been on a bit of a crypto sabbatical with a touch of lurking (been enjoying your analyses however).

I can't believe how many folks are still engaging with TC - the ignore button is your friend people.

Anyway, great to be north of 16USD again and hopefully ready to retest the ATH. Smiley
Enjoy your Sunday !!

Hi Nano!

Those of us who are up are indeed enjoying this Sunday morning.

Yeah - I lost it with TC, should have left it with something more succinct Wink  It was just frustration.

As for ATH - we need to bust a few shorts who don't want us above 0.014 - ish and I hope the rise will continue.  Perfect timing for us if D*** does (finally) fall back.

I will settle for a $15 - $16 level while we refuel.  It's way better than we've been at lately.  I also think BTC may not hold up now, I was thinking the post-ETF dip was so shallow, it was 2013 Silk Road all over again.  I know reckon it could slide down and alts may benefit.

BTC is struggling to hold 80% of all crypto market, interestingly....  And BTC Wall Observer is full of people talking of 'stability'.  Makes me feel the opposite...



What makes you think price will go up other than charts? Fundamentals?  Is there any scaling solution in sight? Hardware wallets? A GUI wallet that doesn't suck? An API that doesn't suck?  Funding for development?

I'm really curious. To me it sounds that people expect xmr to rise just because. There are reasons for eth's and Dash's rises.
https://getmonero.org/design-goals/ looks promising. But ether and Dash are moving a lot faster.

Don't get me wrong. I want xmr to be successful. But as a speculator I need more than that.

Maybe there are reasons for eth to rise, but dash is a total scamcoin from the beginning and I wouldnt even invest a single satoshi in it.
full member
Activity: 154
Merit: 100
March 12, 2017, 05:12:03 AM
XMR staying above $16.00 right now on poloniex. I am praying that we can hit @20 this weekend,(dump from Dash into XMR. We will see!
sr. member
Activity: 358
Merit: 250
March 12, 2017, 05:06:33 AM
BTW, why they pump Dark coin?   Undecided

Stop asking that question here... move over the the Darkcoin Threads

snip

Nice one, nano.  Succinct as always.  You been ok?  Not seen you post lately.

Hi Mr K,
Been on a bit of a crypto sabbatical with a touch of lurking (been enjoying your analyses however).

I can't believe how many folks are still engaging with TC - the ignore button is your friend people.

Anyway, great to be north of 16USD again and hopefully ready to retest the ATH. Smiley
Enjoy your Sunday !!

Hi Nano!

Those of us who are up are indeed enjoying this Sunday morning.

Yeah - I lost it with TC, should have left it with something more succinct Wink  It was just frustration.

As for ATH - we need to bust a few shorts who don't want us above 0.014 - ish and I hope the rise will continue.  Perfect timing for us if D*** does (finally) fall back.

I will settle for a $15 - $16 level while we refuel.  It's way better than we've been at lately.  I also think BTC may not hold up now, I was thinking the post-ETF dip was so shallow, it was 2013 Silk Road all over again.  I know reckon it could slide down and alts may benefit.

BTC is struggling to hold 80% of all crypto market, interestingly....  And BTC Wall Observer is full of people talking of 'stability'.  Makes me feel the opposite...



What makes you think price will go up other than charts? Fundamentals?  Is there any scaling solution in sight? Hardware wallets? A GUI wallet that doesn't suck? An API that doesn't suck?  Funding for development?

I'm really curious. To me it sounds that people expect xmr to rise just because. There are reasons for eth's and Dash's rises.
https://getmonero.org/design-goals/ looks promising. But ether and Dash are moving a lot faster.

Don't get me wrong. I want xmr to be successful. But as a speculator I need more than that.
legendary
Activity: 2604
Merit: 1748
March 12, 2017, 04:54:26 AM
BTW, why they pump Dark coin?   Undecided

Stop asking that question here... move over the the Darkcoin Threads

snip

Nice one, nano.  Succinct as always.  You been ok?  Not seen you post lately.

Hi Mr K,
Been on a bit of a crypto sabbatical with a touch of lurking (been enjoying your analyses however).

I can't believe how many folks are still engaging with TC - the ignore button is your friend people.

Anyway, great to be north of 16USD again and hopefully ready to retest the ATH. Smiley
Enjoy your Sunday !!

Hi Nano!

Those of us who are up are indeed enjoying this Sunday morning.

Yeah - I lost it with TC, should have left it with something more succinct Wink  It was just frustration.

As for ATH - we need to bust a few shorts who don't want us above 0.014 - ish and I hope the rise will continue.  Perfect timing for us if D*** does (finally) fall back.

I will settle for a $15 - $16 level while we refuel.  It's way better than we've been at lately.  I also think BTC may not hold up now, I was thinking the post-ETF dip was so shallow, it was 2013 Silk Road all over again.  I know reckon it could slide down and alts may benefit.

BTC is struggling to hold 80% of all crypto market, interestingly....  And BTC Wall Observer is full of people talking of 'stability'.  Makes me feel the opposite...

sr. member
Activity: 358
Merit: 250
March 12, 2017, 04:52:12 AM
The good thing about xmr is that it has more upside potential than Dash (Price and tech).
legendary
Activity: 1008
Merit: 1000
Dumb broad
March 12, 2017, 04:35:20 AM
BTW, why they pump Dark coin?   Undecided

Stop asking that question here... move over the the Darkcoin Threads

snip

Nice one, nano.  Succinct as always.  You been ok?  Not seen you post lately.

Hi Mr K,
Been on a bit of a crypto sabbatical with a touch of lurking (been enjoying your analyses however).

I can't believe how many folks are still engaging with TC - the ignore button is your friend people.

Anyway, great to be north of 16USD again and hopefully ready to retest the ATH. Smiley
Enjoy your Sunday !!
eid
hero member
Activity: 616
Merit: 500
March 12, 2017, 04:32:33 AM
XMR will be the one coin profiting from the DASH bubble blasting. Have patience. XMR is still the cheapest coin with a real case use. Just watch the reddit user base growth in the last months. Wink It is pretty logical where the money from ETH and DASH will flow.

Hope its ok to quote myself.  Grin

You may be right eventually, but this increase isn't coming from a Dash-crash. Unfortunately.
legendary
Activity: 1484
Merit: 1029
March 12, 2017, 04:06:17 AM
I had enough monero waiting for the price to be rise i always fair enough when buying monero i don't want to loose big profit when it comes in crisis my friend who actually buy lots of monero he sold half and now he didn't get back his ROI

He sold a little soon.

$15 and rising - what a nice chart to wake up to on a Sunday morning  Smiley


Yep, its been a great weekend for alt coins. The price is looking great right now - the price is $21.86 per XMR if my automated spreadsheet is updating itself correctly. Happy Days =)

I think you'd better check that spreadsheet - it's more like $15.60 $15.66 $15.72...

You get the idea.

Haha, you are right - I was looking at the wrong column, I have 1.4XMR in a small wallet and was checking the balance - DOH


Pushing towards $17 now- you can wait a while and you might be right...  It's looking rather good.  Hopefully we toast a few shorts soon and it could get really exciting

I hope we get a few shorts - I released a few XMR I've been holding back into my trading robot this morning - would be awesome to get some volatility
hero member
Activity: 493
Merit: 551
March 12, 2017, 04:02:46 AM
XMR will be the one coin profiting from the DASH bubble blasting. Have patience. XMR is still the cheapest coin with a real case use. Just watch the reddit user base growth in the last months. Wink It is pretty logical where the money from ETH and DASH will flow.

Hope its ok to quote myself.  Grin
legendary
Activity: 2604
Merit: 1748
March 12, 2017, 03:58:27 AM
I had enough monero waiting for the price to be rise i always fair enough when buying monero i don't want to loose big profit when it comes in crisis my friend who actually buy lots of monero he sold half and now he didn't get back his ROI

He sold a little soon.

$15 and rising - what a nice chart to wake up to on a Sunday morning  Smiley


Yep, its been a great weekend for alt coins. The price is looking great right now - the price is $21.86 per XMR if my automated spreadsheet is updating itself correctly. Happy Days =)

I think you'd better check that spreadsheet - it's more like $15.60 $15.66 $15.72...

You get the idea.

Haha, you are right - I was looking at the wrong column, I have 1.4XMR in a small wallet and was checking the balance - DOH


Pushing towards $17 now- you can wait a while and you might be right...  It's looking rather good.  Hopefully we toast a few shorts soon and it could get really exciting
legendary
Activity: 1484
Merit: 1029
March 12, 2017, 03:54:50 AM
I had enough monero waiting for the price to be rise i always fair enough when buying monero i don't want to loose big profit when it comes in crisis my friend who actually buy lots of monero he sold half and now he didn't get back his ROI

He sold a little soon.

$15 and rising - what a nice chart to wake up to on a Sunday morning  Smiley


Yep, its been a great weekend for alt coins. The price is looking great right now - the price is $21.86 per XMR if my automated spreadsheet is updating itself correctly. Happy Days =)

I think you'd better check that spreadsheet - it's more like $15.60 $15.66 $15.72...

You get the idea.

Haha, you are right - I was looking at the wrong column, I have 1.4XMR in a small wallet and was checking the balance - DOH
legendary
Activity: 2604
Merit: 1748
March 12, 2017, 03:20:35 AM
I had enough monero waiting for the price to be rise i always fair enough when buying monero i don't want to loose big profit when it comes in crisis my friend who actually buy lots of monero he sold half and now he didn't get back his ROI

He sold a little soon.

$15 and rising - what a nice chart to wake up to on a Sunday morning  Smiley


Yep, its been a great weekend for alt coins. The price is looking great right now - the price is $21.86 per XMR if my automated spreadsheet is updating itself correctly. Happy Days =)

I think you'd better check that spreadsheet - it's more like $15.60 $15.66 $15.72...

You get the idea.

Fits well enough in Canadian $  Grin

Ah - that $ sign always gets me confused....  Wink

Meanwhile, buy side on Polo up 1000 BTC in that last few minutes

Breakout confirmed I hope.  About bloody time.
legendary
Activity: 2016
Merit: 1259
March 12, 2017, 03:01:32 AM
I had enough monero waiting for the price to be rise i always fair enough when buying monero i don't want to loose big profit when it comes in crisis my friend who actually buy lots of monero he sold half and now he didn't get back his ROI

He sold a little soon.

$15 and rising - what a nice chart to wake up to on a Sunday morning  Smiley


Yep, its been a great weekend for alt coins. The price is looking great right now - the price is $21.86 per XMR if my automated spreadsheet is updating itself correctly. Happy Days =)

I think you'd better check that spreadsheet - it's more like $15.60 $15.66 $15.72...

You get the idea.

Fits well enough in Canadian $  Grin
legendary
Activity: 2604
Merit: 1748
March 12, 2017, 03:54:07 AM
I had enough monero waiting for the price to be rise i always fair enough when buying monero i don't want to loose big profit when it comes in crisis my friend who actually buy lots of monero he sold half and now he didn't get back his ROI

He sold a little soon.

$15 and rising - what a nice chart to wake up to on a Sunday morning  Smiley


Yep, its been a great weekend for alt coins. The price is looking great right now - the price is $21.86 per XMR if my automated spreadsheet is updating itself correctly. Happy Days =)

I think you'd better check that spreadsheet - it's more like $15.60 $15.66 $15.72...

You get the idea.
legendary
Activity: 2604
Merit: 1748
March 12, 2017, 03:52:43 AM
And.... Back over LTC in the number 5 market cap position.

Over ripple soon at this rate.  Creeping up behind.....  Da da daaaa!  Wink
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